Looking ahead, the CEOs are cautiously optimistic but not as optimistic about the short-term outlook as they were at the end of 2004.
More Quotes from Lynn Franco:
I think what we're seeing here, ... is that wages, overall, have always been seen as being at the low end of the totem pole. People are never quite satisfied with their wages. We don't find many folks who say they're overpaid.Lynn Franco
While the economy has not turned around yet, the worst may well be over. The upturn in confidence is being driven by growing confidence about the business outlook and job prospects. Consumer expectations for the future are now higher than they have been in more than a year.
Lynn Franco
Consumers have grown increasingly optimistic over the last three months, ... The recent turnaround in the stock market and an easing in unemployment claims should keep consumer expectations at current levels and may signal more favorable economic times ahead.
Lynn Franco
Once consumers file online, they tend to stay online. The number of people filing their federal taxes online continues to grow with do-it-yourself software paving the way. This year, nearly an equal proportion of consumers will file online using tax software as will file online using a professional service.
Lynn Franco
The swift outcome in the Middle East has helped quell consumers' short-term concerns. While an increase of this magnitude occurred after the Persian Gulf War in 1991, this post-war surge differs in that both components of the index posted gains.
Lynn Franco
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